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518 Williams St, Longview, TX, 75601

2beds
1baths
874sqft
$115,000
$132price/sqft
$992/moest. monthly cost
$39,680/yrincome needed

About This Home

Welcome to 518 Williams in Longview! This 2 bedroom, 1 bath home is a great opportunity for a first time buyer, someone looking to downsize, or an investor looking for an affordable property in a convenient location. The home has already had several important updates, including subfloor improvements and new flooring in the living room and kitchen, a remodeled bathroom in 2025, and HVAC, water heater, and windows replaced in 2022. That means some of the big-ticket items have already been taken care of, so you can focus on making the home your own. Outside, the property sits on three lots totaling approximately .327 acres, giving you more room than you might expect at this price point. There’s a front porch for enjoying your morning coffee and a carport in the back for covered parking. And the location is hard to beat... just minutes from shopping, hospitals, restaurants, and other everyday conveniences. If you’ve been waiting for an affordable opportunity to stop renting and start building some equity, this might be the one worth taking a look at.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

6/10
6/10
Longview High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Wood/Frame,Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Central Electric
  • Cooling features: Central Electric

Interior Area

  • Total interior livable area: 874 sqft

Property

Details

  • Parcel number: 47667
  • Exclusions: Personal Items

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Partial
  • Living area range: 0-999

Lot

  • Lot size: 0.33 Acres
  • Lot size dimensions: 70x190

Parking

  • Parking features: Carport,None
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Ice Storm
Strong Wind
Lightning
Winter Weather

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $581$6,972
Home Insurance *$104$1,248
Property Taxes $69$828
Electricity $238$2,859
Total$992$11,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,011/yr
40% on housing$29,760/yr
45% on housing$26,453/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 75601$115
Gregg County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 75601$132
Gregg County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-26Price change$115,000
2026-03-05Listed for sale$120,000
2022-07-08Sold--
2022-07-05Pending sale$90,000
2022-05-11Listed for sale$90,000
2020-08-04Listing removed$43,000
2020-06-08Price change$43,000
2020-03-02Listed for sale$45,000

For Sale by Agent

AgentBreanna Starr
BrokerageKeebaugh & Company

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